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BHAVYA Scheme 2026: Rs 33,660 Crore for 100 Industrial Parks

20 March 20261 min read
GOVERNMENT SCHEMESBHAVYA Scheme2026: Rs 33,660Crore for 100Industrial Parks20 March 2026safalsetu.com

Why in the news

The Cabinet cleared a scheme to lift manufacturing through ready-to-use industrial parks.

Key facts

  • Scheme: Bharat Audyogik Vikas Yojna (BHAVYA); ₹33,660 crore.
  • Goal: 100 parks by 2032; first phase 50 parks.
  • Duration: 6 years from 2026-27.
  • Linked with PM GatiShakti.
  • Support: up to ₹1 crore per acre; PPP encouraged.
Park typeLand needed
StandardAt least 100 acres
Hilly or North-EasternAt least 25 acres
Upper limit1,000 acres

Focus areas

Manufacturing competitiveness, logistics and regional industrial growth.

Exam angle

  • Linked platform: PM GatiShakti.

Test yourself

1. How many plug-and-play industrial parks does the BHAVYA scheme aim to develop by 2032?

BHAVYA targets 100 parks by 2032.

2. What is the minimum land required for a standard park under the BHAVYA scheme?

Standard parks need at least 100 acres; hilly and Northeast areas need 25.

3. Under BHAVYA, central assistance is available up to how much per acre?

Assistance is up to ₹1 crore per acre.

This topic is part of Daily Current Affairs 19 March 2026 (18 topics).

All topics of the dayDay quizMarch 2026

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